let's go to nicole petallides at the stock exchange, a big dollar and the casino world. nicole: we are looking at two casino stocks, looking at america, and -- liz: mohawk hitting an 52 week high, a ceramic manufacturer, getting a boost from the housing market. >> making this purchase under way, like mohawk and we are having a winning week on wall street, feels like a terrible day but it is not that bad. liz: they were having a great week. dave: they end on a bad note. >> 110 fresher. dave: let's look at how everything is working out, we see all indices and the dow is down significantly, triple digits to the downside but recovering a little bit as we go

to the end of the trading day and the trading week, it was down 3% last night, the futures were down when they looked at the collapse of plan b from john boehner it has improved dramatically but you can't put too much lipstick on this, a bad day on the markets and the s&p down more than the dow. and nasdaq the big loser down almost 1%, russell 2,000 not too bad, down 1/2%. liz: you might be ready to hop on planes, trains and automobiles the travel stocks not moving quickly, they're underperforming on one of the busiest travel days of the season. expedia closing lower after announcing plans to buy 61% of german hotel bookings sites and let's look at price line, trip adviser, orbits in the red, down 1-2%. dave: gold was hit bad for the

whole week down 2%, it was up not quite 1% but $11 gain on gold ending at 1,657 for a troy ounce. liz: gold closing 2.2%, worst quarter in 2008 and energy stocks falling as oil drops 1.6%, a settlement below $89 a barrel. and the huge giants like exxon mobile, chevron, all 3 end to the downside. dave: as we look at the big picture, plan b went nowhere last night and that pushed the market's lower. what does a debt deal have to have to bring in the votes? we will ask representative anne-marie burke love new york. liz: coming up, bringing jobs back to america, the ceo of a technology firm that added jobs this year and plans to bring a couple thousand more in 2013. he is not doing this out of the

goodness of his heart but it is good business. find out which company it is and what skills they are looking for. dave: we will tell you what drove the markets with the data download. stocks plunging as deadline for automatic tax increases loom. all three major indices end the trading day lower but in positive territory for the week, the dow and the nasdaq closing up 1%, the sell-off dragging all ten s&p sectors lower marking the fifth day and a row the all ten sectors have moved in sink. financials and materials were this week's top performing sectors and consumer staples and telecom land. demand for u.s. goods climbing for the sixth time rising zero.7% last month, after 1.1% gain in october. orders for goods excluding aircraft excluding increase for the sixth straight month jumping

to.7%. and in december, potentially higher taxes and consumer sentiment index calling -- 72.92.seven in november. liz: we have to mulholland in the pits of the cme and stephen sacks telling us the best place to put our money along with john buckingham who tells us why he is not worried about the fiscal cliff, or i coined this one, cliffmaca. i am not getting a courtesy laugh from to mulholland. tell me what the pits were like, david has mentioned last night neil cavuto was right here, saying there is not going to be a vote because there's so much infighting with republicans, futures were plummeting. this could have been a much uglier day but what happened? >> it was the global trading

overnight and opened up. the volume was fairly light but the news was a shock so we got a steep drop. barista lot error of optimism as we get something done but based on the view, a lot of traders are taking this optimism as a sign that should necessitate caution. instead, just because this mandate of the election was really for a compromise, for obama to move to the middle, both sides move to the middle and very far apart. dave: we also have the debt ceiling negotiation coming up. after what we saw with plan b i don't know of negotiation fits but is that price into the market? >> i don't think so because i don't think anybody thought we would get a replay, there is an inability to govern. if that is the case we could have another fiasco and we know what happened in fall of 2011 and i am not sure if quantitative easing can save

that. we are looking at something if the fiscal cliff the goal of an alternative minimum tax. i don't hear many people talking about it but it is an ominous sign for quarter 1 and gdp growth and risks to economic growth if we don't get something done. liz: let's review. with a week left the nasdaq up 17% over the past year, the s&p 500 better by 15%, russell 2,000 of 14%, this has been a solid year for the market. >> absolutely. as you mentioned not only for the market but also we are up 1.5% on a weekend the s&p. the markets are definitely buoyed and i give a lot of that liquidity in the market and so forth. the euro stock up 16% this year too. that is a shock to many people. liz: don't go away. we want to check back in with you to see the s&p futures.

dave: let's bring the market panel, steve sax, shares head of capital markets and john buckingham commack asset management chief investment officer. good to see you both. 2012 has been a lot better than anybody thought it would be 12 months ago. is there any chance that 2013 for all the naysayers could turn out to be a good year? >> that is precisely it. there are a lot of naysayers and pessimism. the fiscal cliff is a big issue and we have to get through it but once you resolve that, federal reserve is forecasting economic growth in 2.3 to 3% range next year. that is a favorable environment for equities especially given where we are in the interest rate cycle given the strength of corporate balance sheets and corporate profits. i think investors should be taking advantage of any sell-offs like we are selling today by adding to their equity exposure. liz: excellent point. if you look at some of the names

that pullback today that have done pretty well, for example gap stores, a lot of these names pulling back in the retail space simply because the broader market was lower. is this the day stocks are on sale or do you look at the bigger picture and say we are heading for a recession if we go off of the fiscal cliff? >> i don't think we are heading for recession if we go off of the fiscal cliff. will create a head wind for us but just as we were talking about all the other factors in the u.s. economy particularly the strength of corporate balance sheets, earnings estimates for next year, top line growth we have seen this year, ultimately that boils down to a buying opportunity. if you are in need of adding equity exposure to your portfolio i think the environment -- liz: that is the best thing going, is it not? treasury yields are horrible, savings account and not doing anything so let's say yes. where would you put your money and your client's money?

>> it is the best thing going particularly into 2013. we think large cap equities probably continue to outperform particularly relative to other international markets. we think sectors that have worked, the vast majority of this year worked in 2013. that is a great example of an industry that will probably continue to see flows early in the year, and strength throughout the year given all but core fundamentals in place, still pretty attractive. dave: i was curious we were looking at the balance, portfolio balance, and a lot of people come in very bullish on health care because the health-care law is meaning like it or not we will be spending more on that. >> relative to the broad market performance if you look all the sectors, domestic equities, a sector benefits less from the

momentum has more head wind, good balance sheets in the sector, and on a relative basis looking across all the sectors, and from a sector perspective. liz: what sectors are you putting into the stockings of the clients? what do you doing six months from now. >> we certainly like technology, and in the semiconductor capital equipment, fantastic balance sheet, very profitable. in excess of 3%. they have not gotten any love this year, and inexpensive valuation, and the low end of the cycle, and in 2013 to

resolve the fiscal cliff. dave: we can't not mention apple. and 25% loss of the most exciting stock in america, will that continue into 2013? >> apple is an interesting conundrum because we recommended at at $7 in 2003 -- [talking over each other] dave: is a bah at 519? >> get it below 500 and we may be willing to pick it up but apple, amazing has gone from 700 to 500 and the market has remained strong with that happening. i don't dislike apple. i own some of it. i would like to buy it somewhere in the mid 400s. liz: the vampire crosses and stephen too. what do you avoid at this point?

>> we are broadly diversified in our shop and client accounts and not avoiding anything but utilities are where we don't find a tremendous amount of value and consumer staples. those two areas i am not finding much in a way of attractive -- liz: what is your shop? >> we are very much in the same vein. we don't avoid anything but from flows we have seen and conversation our clients are having with us about various alternative ets, hedging fixed-income is a big theme right now particularly going into the first of the year. dave: stephen sacks, john buckingham, thank you, have a great holiday weekend, appreciate you being here. liz: didn't go anywhere. time for plan c as in compromise. up next we head to peter barnes keeping score of where we stand in the late innings of this high-stakes game. stuart: to representative anne-marie burble of new york oppose john boehner's plan because she doesn't think raising any tax rates would do anything but hurt growth so what

would she feel comfortable voting for? find out when the congress woman joins us live in a moment. liz: an amateur investor who -- said down. $20,000 into $2 million in just three years. he is going to tell us exactly how he did it on a down day like today, just the kind of advice you could use and today in particular. keep it right here and we will tell you how he did it on fox business. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts,

which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, le what t market is doing and being ready, no matter what happens, which isn't rocket science. it's just common see, from td ameritrade. [ engine revs ♪ ♪ [ male announcer ] the mercedes-benz wier event is back, with the perfect vehicle that's just right for you, no matter which list u're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month

at your local mercedes-benz dealer. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for lot, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfeto others through direct contact. women, especiallthose who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of pubertys in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all dical conditions and medication do not use if you have prostate or breast cancer. serious side effects cocould include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common side effes include skin redness or irritation where applied, increased red blood cell count, headache, diarrheavomiting,an. see your doctor, and for a 30-day free trial,

go to axiron.com. dave: could have been worse and things were improving as they went on. let's go to the s&p futures desk at the cme group, to mulholland, how does it look for monday? >> for monday looks like it could be quiet but you never know what will come out of washington. the twenty-seventh is when we will hear something but the uptick we saw on the close, also induce a triple witch which is the futures expiration for december. other than that light volume, we

have some potentially big market moving news and whatever happens in washington and who knows? liz: will be a big holiday week for the markets. dave: thank you. liz: can never take a break. shares of under are rising today. one of the few retailers that has done pretty well. let's head to nicole petallides on the floor of the stock exchange. nicole: 3-1/3% for under armor. this is a clear winner when you talk about vince in people where, under armour is doing well because nike came out and nike reported strong sales, athletic apparel is hot and under armour is one of the beneficiaries of that. when you talk about nike, bring it close, up 6% so nike was a real winner and they talk about demand going forward topping estimates so obviously both nike and under armour, a great day on a day when we saw a lot of

selling. dave: have a good weekend. republicans rejected john boehner's plan b, very little time left to save most of us for major tax hikes. liz: peter barnes on capitol hill with the latest on the fiscal battle and late breaking news in the 3:00, john boehner back to his district so now what? >> the speaker has left the building and according to one of his aides he headed back to ohio for the christmas holiday which sound like there aren't going to be any negotiations going on so right now up here on capitol hill a lot of fog and finger pointing about the fast forward. after the speaker pull his plan b proposal last night he had a press conference this morning and put the ball into the president and senate democrats's court and said they could jump start something by approving bauhaus' bill that was passed by house republicans last august to extend the bush tax cuts for

everyone for a year so they can work out tax reform and a grand bargain here, and he also stressed that any deal would still have to have a tax reform and significant spending cuts. >> what the president has proposed so far won't do anything to solve our spending problem. he wants more spending and more tax hikes that will hurt our economy and simply won't be honest with entitlement reform, the big issues facing our country. >> instead of making hard choices and compromising, president obama is willing to do, john boehner -- i am sorry -- retreated to his corner and resorted to a political stunts. that stunned fell flat. it is time for the speaker and all republicans to return to the negotiating table.

>> senator reid said the path forward is for house republicans to take up the bills that the senate democrats approved back in july to extend the bush tax cuts only for those families making $250,000 a year and start from there. john boehner says that is a nonstarter. where this goes nobody knows. back to you. dave: coming up, markets tanking on news that a fiscal cliff deal collapsed. should businesses have to prepare for the worst? taxes on everybody going up in two weeks. coming up representative and marie byrd told joins us from the capital. liz: the ceo of a company that brouuht 900 jobs to america plans to bring 2,000 more next year. find out why and how and what skills are needed to fill those jobs later this hour.

you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- elieving the pain quickly. try fast, long lasting gaviscon®.

liz: breaking news. the president's schedule has been updated and they are saying the president will speak at 5:00 eastern time in just about thirty-second minutes about the fiscal cliff. president obama will be taking to the brady pressroom and giving a statement at least. don't know whether he will take questions but fox business will take this as soon as the president begins speaking top of the hour. liz: that will be interesting. dave: we are step closer to the

fiscal cliff after republicans rejected john boehner's compromise plan for raising tax rates. without some kind of plan passed by congress and signed by the president tax rate for everybody, all taxpayers will go up in two weeks. for the latest now where we go from here we turn to congresswoman and a read purple. thank you for coming here. why did john boehner present the president with a plan that didn't have the support of most republicans? >> at the time he didn't realize there wasn't the support he needed and i think the concern we all had was the spending portion of it. the country has a spending problem, not a taxing problem and this compromise didn't address the spending issue and that is where many of us were concerned. dave: talk about the spending problem because i agree with you. that is clearly a major problem that is not being addressed by folks here. isn't to the speaker's job to

know whether he has the votes lined up for a plan he is presenting? >> many of us felt in august when we send over that yearlong extension to the president or the senate, that really was the best way to go. that is what they did the same pime two years ago during the lame duck when the economy was weak, but extend tax rates for everyone. let's not pretend choose who will get their taxes increased and that is the plan we sent in august and also the right thing to do and right now that follows in the senate and the president's court. it is it to them to come back to us with something that is viable for the house and the american people and in this fragile economy raising taxes on anyone is the wrong way to go. dave: one final question on john boehner. because a lot of people say he should have known whether he had the vote is time to step down. do you agree or not? >> i think the speaker to the

good thing, he pulled back and is going to listen to members and that is the right thing to do. dave: as you mentioned the president himself has flip-flop on the idea of tax rates several times in july of 2011 he said we didn't have to raise tax rates. let's just play a sound from that speech. >> what we said was give us $1.2 trillion in additional revenue which could be accomplished without hiking taxes, tax rates, could simply be accomplished by eliminating loopholes, eliminating some deductions, and engaging in a tax reform process that could have lowered rates generally while broadening the base. dave: a couple months later he said the following from his 2011 budget in september of 2011 about lower tax rates, the tax system should be simplified and work for all americans with

lower individual and corporate tax rates and fewer brackets. that is the centrally what republicans brought, haven't republicans said mr. president, you yourself were in favor of lower tax rates, what happened? >> that is the frustration of the house, the rules >> in, his position >> and we pushed hard for tax reform. we need tax reform. eliminate those loopholes, broadened that base and lower those rates. we need tax reform and a pro-growth economic agenda and that is now we're seeing, reduce capital gains, give business a message that the government wants to see you do well because when you do well there are more revenues and that is the best way to increase revenue and everyone knows this country does not have a taxing problem, we have a simple -- simply spending problem in this country. dave: let's put up, we just put up, if we could put up again the

spending from 2008 to current levels, 2009 we expected a big jump in spending because we had the hundred billion dollars stimulus, we can put the full screen again, $800 billion as we can see, 2009 is when we begin and 2010, same thing, 2011, a little more, $3.5 trillion, it never stops, the extra spending. that is why the president wants more revenue, to address his really dramatic 25% increase in spending. >> absolutely correct. the american people you could almost sell tax increases if those increased revenues were going to pay down the debt but they are going to be used to grow government, make government bigger and increase the cost of government running this country so it only compounds the problem if we increase revenues and don't pay down debt. dave: when do you come back? you will be home for christmas but will you be back the next

day to vote on a new proposal was? >> we have not heard that, we have not received direction but i am expecting shortly after christmas we will be back to resolve and i hope the senate and the president picks up the tax extension we have over there and does the right thing. don't raise taxes on anyone, any american. we pay enough. dave: will be a busy week. thank you very much for being with us. appreciate it. >> thanks for having me, merry christmas. liz: up next, the c e o of a technology firm that is bringing jobs back to america, thousands of them. the fiscal cliff making him rethink those plans? find out right here coming up. a new study reveals which matt apps is most likely to get you loss. we will tell you which one in today's speed read. stay tuned.

. .

liz: time for a quick speed read. some of the day's other top headlines. five stories one minute. general electric buying aviation business of italian manufacturer avio for $4.3 billion. it will strengthen its growth in jet propulsion. you are three times more likely to get lost using, apple map than google map, david. a new study from crowd flower shows google maps was the most accurate, followed by bing and apple. insta great many owned by facebook reverting back to old privacy policy on ads

and uses photos in recent posts. the change was outraged by users who were concerned their images could be used for profit. facebook is using a new service to allow send messages for people outside of their contacts for one dollar fee. bull low bills will stay at ralph wilson stadium. the deal includes splitting costs between the state and the team for much-needed renovations. that is today's speed read. it is always cold in buffalo, right? david: you love the buffalo bills. jack kemp's old team. we found a business owner who says that he is planning to bring thousands of jobs back to the united states. liz: joining us the ceo and founder of genesis 10. such a dramatic name, genesis 10. your whole idea has been that you can bring jobs here to the united states and get more for your money. what is this based upon

though? how are you going to bring back 2,000 jobs in 2013 when the landscape is a little iffy right now? >> well a number of years ago it made a lot of sense to send jobs offshore perhaps because of the cost savings but that's not true anymore. now you have wage inflation in places like india which is the epicenter where a lot of the i-t work is being done by corporate america. you have productivity issues. you have turnover. when you analyze all the indirect and hidden costs it is actually cheaper to do the work here in the united states. david: unbelievable. by the way, one thing that is not listed there is intellectual property rights are not, shall we say, as respected over there as they are here. is that an issue for you? >> it is. that's where regulators come in. increasingly regulators are concerned that data overseas, especially personal information, financial information, is not as protected. we're just waiting for a tsunami to happen because at some point there will be a

real problem with that. here in the united states you have far greater protection. liz: we still have a pretty elevated unemployment rate and a lot of people are watching right now who are either out of work or would like to find a new job that would be better paying. you say possibly 2,000 jobs coming back to the u.s. what kind of jobs are these? are they decent paying jobs? what do they entail? what kind of skills? >> all kinds of skills relating to technology, from business analysts, project managers, help desk, anything that deals with technology, we can hire people in the united states and we can do the work. there are a lot of studies that show the productivity is higher here as compared to places offshore like india and china. especially the communication skills. you have offshore, what we call, language nuance issue. if you ever gotten on the phone, can't quite get their accent and all the problems with that. and from an i-t perspective, all the rework to be done here if you have americans here. they understand culturally

american business and they could communicate better and their productivity is higher. david: there are a lot of places you can go to work or move your manufacturing into the united states. i am wondering local incentives from states you look for? you see a lot of states, for example, going into the right-to-work state of being which they say will attract businesses of the does that sort of thing work for folks like you or more direct tax incentives? what attracts you? >> states have been very helpful helping companies like mine, genesis, 10, providing the right incentives. david: specifically what do you look for? a lot of states are wondering how they could appeal to people like you. >> as long as you can maintain employment for people for a longer period of time. that's what they're looking for. liz: you build facilities. we have the map right here, but are you scaling that back if we appear to fall off the fiscal cliff for a short time? how is that affecting your psychology? >> not at all. more and more jobs are coming back here. this is the wave. we started this four years ago and, just great examples

is general electric. general electric was a harbinger of going to work offshore. now, most of their i-t work has been brought back and they're doing the work here in the united states. so that's a clear example, among general motors, among many other corporations where the trend is to do the work here and this is where they're going to get greater value in terms of productivity and in terms of cost savings. david: people forget, 18% of all the world's manufactured goods are produced here in the united states. that is still a big chunk. >> absolutely and in terms of innovation and in terms of value this is where it is. and i think companies are also sensitive to reputational issues. the number one issue in the united states is still job creation. and where they're shipping jobs offshore i think shareholders and customers are making boards more and more aware that creating jobs in this country is really the right thing to do. so you have that working as well as the momentum bringing jobs back here. liz: it is good business for

now. harley, you're running it. genesis 10, thank you so much. david: thank you very much. liz: happy holidays. david: continued success. liz: how about making money by taking note of all the things happening around you, like what are people buying at 7-eleven, david? chris comill low does exactly that. he managed to turn $20,000 into two million dollars over couple years. he will join us after the break. david: a sausage plate for 99 cents? i can see why. later this hour planes have black boxes so how about cars? we look at the pro, and cons of that coming up.

>> i'm adam shapiro with your fox business brief.

concern over the fiscal cliff sparks a sharp selloff on wall street. at the closing bell the dow finished down 124 points. >> oreo cookie is not the only thing at mon today lease international with a sweet package. the ceo is getting a special stock award worth $10 million for what the company is calling a top tier performance. the package includes stock that will vest after three years and restricted stock based on the company's performance. with three days left until christmastime for the final holiday shopping push. mastercard advisors says shoppers are expected to spend $34 million today and tomorrow. according to "consumer reports", 132 million people, they haven't finished their shopping just yet. that is the latest from the fox business network, giving you the power to prosper. copd makes it hard to bathe, but with advair, i'm breathing better. so now i can be the scene.

advair is clinically proven to help significantly improve lung function. unlike moscopd medications, advair contains both an anti-inflammatory and a long-acting bronchodator working together to help improve your lung function all day. advair won'treplace fs for sudden symoms and shouldot be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. david: about 15 or 20 minutes you will hear from the president himself. no doubt he will talk about

what is happening with the latest on the fiscal cliff. right now he is talking in the white house with senate majority leader harry reid, who of course supports his own, the president's plan and was dead-set against john boehner's plan b so-called and says that republicans are not coming up with anything. but we will hear from the president after his meeting with senator harry reid that is going on right now in the white house, liz. liz: thank you very much. okay, making millions. news break here. making millions in the markets may be easier than you think. at least according to our next guest. what if all you had to do was open your eyes and see what people are wearing, what they're watching, what they're listening to? our next guest did exactly that and turned $20,000 into two million within just a few years. joining us the guy who did it, author of a book, called, laughing at wall street. all right, let's go to 2007. we know what happened at the end of 2007. the market just blew up. you had 20 grand and you started looking at the world

around you. tell us first in the broader picture how you put that money to work. >> yes. thanks, liz. laughing at wall street is simpll, it is simply proves that ordinary people can pick winning invests simply by developing your critical sense of observation, and what that means is, being able to identify trends, on the street and through social networks slightly quicker than the professionals on wall street. and when you identify those game-changing trends, that have the potential to impact publicly-traded companies, it is learning how to leverage and monetize those trends in making invests in publicly-traded companies. it is very simple. liz: you're talking about an observation and then doing a little looking through blogs and seeing what the zeitgeist is of the current feeling in america or whatever country and then investing. let's show people examples of names you really profited from. we start with imax. talk about what year you looked at it and why you liked it and what you did. >> i'm sure you've seen the

movie "avatar". i saw it at imax theater. i walked out of the imax theater, first thing i shot, i just saw the future of film entertainment. the big piece will be in 3d. i used to go to imax theater once every two or three years at most. walking out of "avatar", i could see myself visiting imax theater two or three times a year because of that movie trend. wall street figured it out but took them three months. if you made the investment walking out after that movie you would have tremendous opportunity to leverage the information quicker than wall street could invest it. imax has been a great trade. liz: it has been. you talk about a trade. you have to be really careful and things go up and then they come down. let's get to nintendo. how did you jump on that. nintendo, my brother's 21st birthday, you can go

anywhere you want. i want to go to e-3 conference where they preview videogame pratt forms. wall street was talking about playstation and xbox. nobody was talking about the wii but seeing kids and adults interact with the wii and seeing amount of energy in the system. i knew it would be a huge hit. before wall street gave nintendo any credit or the wii any credit i realized this would be a revolution in videogaming just from seeing real people interact with the device. by the way --. liz: go ahead. >> in terms how long you hold the investment, imax or nintendo, the moment investing public or wall street at large comes to term with the information you had known weeks or months earlier, that is when you exit the trade. liz: i see. >> that is when you exit the investment. >> then it starts to get a little stale. at least that is your perception. let me push you here and play devil's advocate. i agree with you. you look around everybody is wearing uggs, jump and get out. leapfrog, for example, when my daughter was very young,

i said this is the greatest thing, the greatest toy company. it was struggling. it was having a lot of trouble getting off the ground. i kept thinking why isn't the stock responding. krispy kreme is another one, for example. where everybody was talking about krispy kreme and flashing sign that said, fresh, hot doughnuts and we know what happened there sometimes a great product does not necessarily make a great stock. >> well, it really depends if that freight product correlates to sales, right? in the case of leapfrog, in august of last year every mommy blogger was talking about the leap pad, how this will be the biggest toy of the christmas season it was obvious this toy was going to sell out. in fact it was selling out at lot of stores. wall street didn't pick up on the story until october. if you initiated investment in august when mommy bloggers were talking about the leap pad and leapfrog, you would have, the stock doubled in 60 or 90 days. by the time wall street digested that story the play was over. it is about getting involved in the real world, involving yourself with bloggers, on

the street, looking around you, reading magazines, going to movies. living life, not reading financial press and making investments off what the financial world already knows about but trying to pick up on the trends slightly quicker. liz: i'm with you, chris. the book is called, laughing at wall street. he is living proof you can do it. you have to be careful. it's a trade. good to see you. good luck with the book. >> thanks, liz. liz: chris camilo. david: great stuff. what if you could pinpoint the cause of a car accident? kind of a black box tore cars? it cosave money and lives but what about privacy issues? jeff flock has the story. he is live from the streets of chicago. jeff? >> some people like the idea, david, some don't of the you're looking live, by the way, lakeshore drive headed to downtown chicago. we'll have both sides of this issue. it is complicated. stay tuned. it is very interesting and you may be getting a black box whether you like it or not. stay tuned.

how do traders using technical analysis streamline their process? at fidelity, we do it by mging two tools into one. combining your customized arts with leadi-edge analysis tools from recognia so you can quickly spot key trends we like this idea so much that we've applied f a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovave reason serious investors are choosing fidelity. now get 200 free trades when you open an account.

your soups are so awesomely delicious my husband and i can'stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup.

liz: the white house is pushing forea requirement to equip all new cars with black boxes similar to what planes have to record what happens at the time of a crash. david: this is a move that has a lot of privacy advocates outraged. jeff flock is live on the streets of chicago with more on all this. jeff? >> i love this story, david

because there's two sides to this story. sometimes we think, this just doesn't make sense but this one really has a couple of sides. we're live on lakeshore drive. a lot of car accidents? the last day or so across the midwest because of the snow but here's the deal. the obama administration, because they couldn't get it through congress is administratively acting to require these edrs, event data recorders, they do the same thing airplane black boxes do, that they're required to be in all new cars. as you say, some privacy advocates don't like it. but who does like it? insurance companies like it. law enforcement likes it. safety advocates like it. the thing is when people get into an accident they often times do not miraculously report the right data what was happening, like how fast they were going. whether or not they had their seatbelt on or accelerating or depressing the brake. these edrs would record the

kind of data. like insurance company would be fair. we would know who was actually at fault. a company like --. liz: we knew that would happen. david: you know, don't worry about his black box. it's okay. i don't think he has been in an accident or anything. it is always risky when you have a satellite feed from inside a car. liz: fascinating. first of all the technology we were able to do that. but, nonetheless, the two sides as jeff discusses it whether whether you need it and what kind of help would it offer to investigators. david: i'm wary. i'm wary. what do you think? good or bad? she doesn't know. all right. liz: i mean, fender benders, good-bye. here is 10 bucks. if you see reindeer this holiday season, don't touch them. david: why not? liz: i'll tell you why, coming up, david.

[hip-hop music] ♪ - ♪ what's wrong with the world, mama ♪ ♪ people livin' like they ain't got no mamas ♪ ♪ i think the whole world's addicted to the drama ♪ ♪ only attracted to the things that'll bring the trauma ♪ ♪ yeah, madness is what you demonstrate ♪ ♪ and that's exactly how anger works and opates ♪ ♪ man, you gotta have love just to set it straight ♪ ♪ take control of your mind and meditate ♪ ♪ let your ul gravitate to the love, y'all, y'all ♪ - ♪ people killing people dying ♪ ♪ children hurt and you hear them cryin' ♪ ♪ can you practice what you preach ♪ ♪ would you turn the other cheek ♪

- ma'am. - [gasps] - you forgot your purse. - oh. you don't know how worried i was. thank you. thank you very much. - he nice move, kid. doughnut? a message from the foundation for a better life. with scottrader streaming quotes, any way you want. fully customize it for your trading process -- fromhought to trade, on every screen.

and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. liz: time to go "off the desk." into rhode island for a look at a traffic officer who take as unique approach to his job. i know this guy, i've interviewed him before. he is amazing. directing traffic at same time entertaining people on the streets of downtown providence since 1984. the dancing cop as he is known left his job in '88. at request of officials he returns for holidays as a reserve police officer for 10 days. david: worth a special trip to prove tends. melissa: he still has the moves. david: sure does. look at that. also off the deck this